Environment & Energy | Tuesday 29 December, 2015 3:36 am

Up to 50% hike in fuel prices from today

The Council of Ministers on Monday decided to increase petrol prices by more than 50 percent for some products from Tuesday. The price of lower-grade petrol (Octane 91) for a liter was increased to 75 halalas from the current 45 halalas, a 67 percent rise, while the price of higher-grade...

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Government | Tuesday 29 December, 2015 3:27 am

King: Saudi economy strong enough to meet challenges

Custodian of the Two Holy Mosques King Salman announced on Monday that the annual general budget represents the beginning of an integrated and comprehensive working program to build a strong economy. Unveiling the budget for the fiscal year of 1437-38 (2016) at the weekly session of the Council...

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Business & Money | Tuesday 29 December, 2015 2:31 am

Mataf bridge removal from Feb. 9

The temporary bridges over the mataf, the circumambulation area around the Kaaba, would be removed over a period from Feb. 9 to March 9. This plan is contained in a technical report filed by a government-appointed committee to Crown Prince Mohammed bin Naif, deputy premier and interior minister, ...

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Environment & Energy | Tuesday 29 December, 2015 2:20 am

Kingdom unveils SR840bn budget

Saudi Arabia on Monday unveiled a SR840 billion budget, launching a phase in which the Kingdom hopes to further diversify its revenues in an era of low oil prices.   “Our economy has the potential to meet challenges,” Custodian of the Two Holy Mosques King Salman said in his...

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Technology & IT | Tuesday 29 December, 2015 1:55 am

Panasonic Develops a Stretchable Resin Film and Its Application Materials for Stretchable Electronics

Panasonic Corporation announced today that the company has developed a soft, flexible, and stretchable[1] polymer resin film using its proprietary stretchable resin technology. The Company will also provide a transparent electrode material[2] and conductive paste[3] along with this insulating...

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Business & Money | Monday 28 December, 2015 3:10 pm

Proclad Launches Its 3rd Production Line Capable of Generating 1,500 Metric Tons of Nickel Alloy Welding Overlay!

Proclad the world's leader in manufacturing of Corrosion Resistant Alloy (CRA) Clad Pipes, Pipelines, Fittings, Flanges and Piping / Pipeline spools, has announced the launch of its 3rd production line.     ...

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Beauty & Style | Monday 28 December, 2015 3:01 pm

Joelle Mardinian recreates the classic Arabian Eye for today’s modern woman

Throughout the Middle East region, Arab women are revered for their enticing and mesmerizing eyes. The history behind the Arabian eye is said to have started in ancient Egypt; women used kohl to define their eyes as eyeliner, and copper and ash was combined to create an earthy eye shadow. This look ...

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Technology & IT | Monday 28 December, 2015 2:52 pm

Mobily Announces ‘No Smoking Day’ Initiative for better work environment

Etihad Etisalat Mobily has announced an initiative titled ‘No Smoking Day’ for its employees which aims to encourage them to quit smoking; the day corresponding to December 29 will be celebrated under the slogan ‘each cigarette avoided contributes to your health’;...

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Tourism & Hospitality | Monday 28 December, 2015 1:46 pm

GCC investors now eyeing Cyprus property market: Chestertons

Chestertons, the international property agency established in 1805, stated that it is witnessing growing interest from the UAE and GCC investors for luxurious Cyprus based properties. As per reports, the property sales in Cyprus rose by 23% in October this year compared to...

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Business & Money | Monday 28 December, 2015 1:39 pm

Gulf International Bank wins ‘Credit Specialist’ at the 2015 Alt Credit Intelligence European Performance Awards

Gulf International Bank is pleased to announce its Emerging Markets Opportunities Fund (EMOF) has won ‘Credit Specialist’ award at ‘Alternative (Alt) Credit Intelligence European Performance Awards’ recently held in London.  The Alt Credit Intelligence Awards are a...

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